Salazar Intercepts 16 Meters of Massive Sulphides and Extends Mineralization 300
posted on
Apr 07, 2008 07:17AM
Edit this title from the Fast Facts Section
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 7, 2008) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) announces the intersection of 16 meters of massive sulphide mineralization in drill hole 46 at the El Domo anomaly, Las Naves Central Area, Curipamba Project, Ecuador.
Drill hole 46 is the fourth drill hole completed at the El Domo anomaly. Massive sulphide mineralization predominant in chalcopyrite and sphalerite was intersected from 50 metres to 66 metres (-60 degrees dip) for a total intersection of 16 metres (not true width). The Company has intercepted massive sulphides in all drill holes targeting the El Domo anomaly (# 39, 42, 45 and 46) and with this latest success, the mineralized body has been extended for 300 metres and remains open in all directions. The drill program continues at Las Naves Central and assay results for drill holes 45 and 46 are pending.
Mr. Fredy Salazar states, "The recent drill results at the El Domo anomaly validate our belief that the Curipamba project can provide the Company with significant exploration results. The Las Naves Central area may become the next major VMS district in Ecuador. We plan to focus our exploration efforts at El Domo to prove up what we believe can be a significant discovery. We remain confident that Curipamba can host more than one discovery and our systematic exploration efforts to identify other discoveries are continuing."
Dr. Howard Lahti, P. Geo, the qualified person for the company, has reviewed this news release for its accuracy.
To view maps and photos related to this release and the Curipamba Project please visit www.salazarresources.com.
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL) mineral resource company engaged in the exploration and development of new highly prospective areas of Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador, including Aurelian's Fruta del Norte discovery, IAMGOLD's Quimsacocha Deposit, Mozo Deposit, Ex Newmont's Cangrejos Project and International Minerals Rio Blanco and Gaby Deposit. Being an Ecuadorian based company gives us a strategic advantage enabling us to complete exploration at a rapid pace, with over sixty personnel on the ground, including twelve geologists. With an excellent property portfolio (4 projects - 131,300 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador.
Massive Sulphide mineralization, chalcopyrite, sphalerite at 55.48 m. - CURI-46 and View of massive sulphides in boxes 13 and 14. CURI-46 are available at the following web link: http://media3.marketwire.com/docs/srl0407ms.pdf.
FOR FURTHER INFORMATION PLEASE CONTACT:
Salazar Resources Limitedor
Fredy Salazar
President & CEO
593.22278975
Email: fsalazar@salazarresources.com
Salazar Resources Limitedor
Nick DeMare
Director & Secretary
(604) 685-9316
Email: ndemare@chasemgt.com
Website: www.salazarresources.com
Empire Communications Inc.
Jeff Tindale
Investor Relations
(604) 484-0066
Email: info@salazarresources.com